Tuesday, July 1, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Protect Your Non-Custodial Bitcoin Wallet — Support The Open Dialogue Foundation

25 December 2024
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


Observe Frank on X.

In a brand new report, the Open Dialogue Basis (ODF) offers an summary and evaluation of upcoming regulatory proposals round non-custodial Bitcoin and crypto wallets within the European Union (E.U.).

Among the proposals — a lot of that are primarily based on FATF suggestions — will negatively have an effect on customers’ capability to transact with crypto belongings privately.

EU & FATF 2025: Your Bitcoin Pockets's New Guidelines?What’s the finest Christmas reward from human rights, privateness and Bitcoin advocates?@ODFoundation offers you with a complete reply on what you need to know whereas utilizing #Bitcoin p2p pockets, privateness funds instruments &… pic.twitter.com/YZIlCZjSiR

— Lyudmyla Kozlovska 🇪🇺🇺🇦 (@LyudaKozlovska) December 24, 2024

Necessary takeaways from the report embrace:

In keeping with pointers from the European Banking Authority (EBA), the present regulatory framework round crypto belongings within the E.U. permits for actions that pose important dangers, together with fast withdrawals to non-custodial wallets and the usage of anonymity-enhancing instruments like mixers.Forthcoming Markets in Crypto-Property Regulation (MiCA) regulation might affect Crypto-Asset Service Suppliers (CASPs) to undertake stricter AML/KYC practices.Regulation from the E.U. might prohibit CASPs from facilitating nameless transactions, which might each scale back privateness for customers of crypto-assets and improve operational prices for CASPs.The obligations which may be imposed on CASPs will battle with the rise of proliferation of open-source applied sciences just like the Lightning Community, Fedimint and ecash, which let customers transact privately and in a censorship-resistant method.

Do I share this all as a result of I’m attempting to spoil your vacation season? No, sirs and ma’ams.

I share it as a result of we should always be glad about the work that the Open Dialogue Basis does in shedding mild on what’s taking place inside the regulatory panorama within the E.U. (particularly because it pertains to non-custodial crypto wallets) and in growing relationships with elected officers within the E.U. to coach them on the significance of Bitcoin and different freedom applied sciences.

So, when you’re trying to make a tax-deductible donation to a nonprofit earlier than the yr is out, think about donating to the ODF.

And when you’re pondering both “Nicely, I don’t dwell within the E.U., so this doesn’t have an effect on me” or “I do dwell within the E.U., however I’ll simply transfer if it passes dangerous regulation,” I’d asking you to contemplate the next two factors, (the primary of which I lifted straight from this latest ODF report):

The European Union performs a central position in shaping world monetary regulatory requirements (which implies that crypto transaction privateness advocates throughout the globe have one thing at stake right here).The group making lots of the proposals for the brand new regulatory framework within the E.U. — the FATF — is a global one, and it’ll leverage any wins it chalks up within the E.U. to affect regulation in different jurisdictions.

However, once more, don’t be scared; be grateful.

Donate to the ODF to assist its efforts, or do what you possibly can to amplify the group’s messaging.

This text is a Take. Opinions expressed are totally the writer’s and don’t essentially mirror these of BTC Inc or Bitcoin Journal.





Source link

Tags: BitcoinDialogueFoundationNoncustodialOpenprotectSupportWallet
Previous Post

Infinant Secures $15 Million in Series A Funding – Finovate

Next Post

Bitcoin Supply Reaches 19.8 Million Mark, Nearing Maximum Limit – Bitcoin News

Related Posts

Bitcoin Holds Above $106,000, But Apparent Demand Cools To Negative Levels | Bitcoinist.com
Bitcoin

Bitcoin Holds Above $106,000, But Apparent Demand Cools To Negative Levels | Bitcoinist.com

1 July 2025
The One Big Beautiful Act Passes In The U.S. Senate — Without Bitcoin Tax Amendment
Bitcoin

The One Big Beautiful Act Passes In The U.S. Senate — Without Bitcoin Tax Amendment

1 July 2025
GameStop Inspired a Lingerie MMA League to Buy Bitcoin: SUBBD Token Soars?
Bitcoin

GameStop Inspired a Lingerie MMA League to Buy Bitcoin: SUBBD Token Soars?

1 July 2025
The Blockchain Group Confirms Acquisition of 60 BTC, Total Holdings Reach 1,788 BTC – News Bytes Bitcoin News
Bitcoin

The Blockchain Group Confirms Acquisition of 60 BTC, Total Holdings Reach 1,788 BTC – News Bytes Bitcoin News

1 July 2025
Crypto Survey Reveals 7 in 10 South Koreans Want to Increase Holdings
Bitcoin

Crypto Survey Reveals 7 in 10 South Koreans Want to Increase Holdings

1 July 2025
Europol Busts $540 Million Crypto Laundering Network
Bitcoin

Europol Busts $540 Million Crypto Laundering Network

1 July 2025
Next Post
Bitcoin Supply Reaches 19.8 Million Mark, Nearing Maximum Limit – Bitcoin News

Bitcoin Supply Reaches 19.8 Million Mark, Nearing Maximum Limit – Bitcoin News

5 Top Crypto Picks Set to Explode in 2025 – $WEPE, $SOLX, $PEIPEI, $PONKE, and $BTC

5 Top Crypto Picks Set to Explode in 2025 - $WEPE, $SOLX, $PEIPEI, $PONKE, and $BTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

28 June 2025
솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

24 June 2025
$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

16 June 2025
Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

7 June 2025
Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

23 June 2025
Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

28 June 2025
Bitcoin Holds Above $106,000, But Apparent Demand Cools To Negative Levels | Bitcoinist.com

Bitcoin Holds Above $106,000, But Apparent Demand Cools To Negative Levels | Bitcoinist.com

1 July 2025
SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading

SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading

1 July 2025
Is Earning $2,567 Daily Real? A Quick Guide to Mining Bitcoin with MiningToken

Is Earning $2,567 Daily Real? A Quick Guide to Mining Bitcoin with MiningToken

1 July 2025
The One Big Beautiful Act Passes In The U.S. Senate — Without Bitcoin Tax Amendment

The One Big Beautiful Act Passes In The U.S. Senate — Without Bitcoin Tax Amendment

1 July 2025
Blackrock Powers Bitcoin ETFs to 15th Straight Inflow Day – Markets and Prices Bitcoin News

Blackrock Powers Bitcoin ETFs to 15th Straight Inflow Day – Markets and Prices Bitcoin News

1 July 2025
Kraken Elected as Super Representative on the TRON Network

Kraken Elected as Super Representative on the TRON Network

1 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$105,751.00-1.72%
  • ethereumEthereum(ETH)$2,415.21-3.81%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.17-5.42%
  • binancecoinBNB(BNB)$646.13-2.04%
  • solanaSolana(SOL)$146.58-6.74%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.278746-0.41%
  • dogecoinDogecoin(DOGE)$0.158468-5.18%
  • staked-etherLido Staked Ether(STETH)$2,414.68-3.70%